Analyst Rating Update on Tutor Perini Corporation (TPC)

Tutor Perini Corporation (TPC) : Zacks Investment Research ranks Tutor Perini Corporation (TPC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 4 research analysts is 1.25, which indicates as a Strong Buy.

Tutor Perini Corporation (TPC) : The consensus price target for Tutor Perini Corporation (TPC) is $23.5 for the short term with a standard deviation of $3.79. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $26, however, the pessimist price target for the company is $18.

For the current week, the company shares have a recommendation consensus of Buy.


Tutor Perini Corporation (NYSE:TPC): The stock opened at $23.08 on Wednesday but the bulls could not build on the opening and the stock topped out at $24.12 for the day. The stock traded down to $22.79 during the day, due to lack of any buying support eventually closed down at $23.73 with a loss of -3.97% for the day. The stock had closed at $24.71 on the previous day. The total traded volume was 1,070,063 shares.

Tutor Perini Corporation is a construction company engaged in providing general contracting, construction management and design-build services to private customers and public agencies. The Company operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment focuses on public works construction and the repair, replacement and reconstruction of infrastructure, including highways, bridges, mass transit systems, and water management and wastewater treatment facilities. Its Building segment provides services to various specialized building markets, including the hospitality and gaming, transportation, healthcare, municipal offices, sports and entertainment, educational and correctional facilities, among others. Its Specialty Contractors segment provides electrical, mechanical, plumbing, HVAC, fire protection systems and pneumatically placed concrete for a range of civil and building construction projects.

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